0 bed (for sale) Werrington, Launceston PL15

£7,000,000
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D. R. Kivell Country Property
South Brentor, Tavistock
01822 851124
First Published

23rd Apr 2021

Last Published

3rd Nov 2021

 

Features

  • Type:
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Outstanding 106 acre country estate, a most impressive Grade II listed manor house providing a 5 bedroom, principal residence and ball room with the remainder divided into 13 letting units. Coach house and stables conversions divided into 7 letting units. 2 lodges, 5 cottages, 4 bedroom house, 2 wind turbines, 3 commercial buildings. In all 30 letting units and properties in 106 acres with 16 acres of amenity woodland. Providing a significant and lucrative income.

Outstanding 106 acre country estate, with a most impressive and extensive manor house providing a 5 bedroom, principal residence and ball room with the remainder currently divided into 13 letting units. Detached coach house and stables conversions divided into 7 letting units. 2 lodges, 5 single storey cottages, 4 bedroom detached house, 2 wind turbines, 3 commercial letting buildings. In all 30 lettingunits and properties in 106 acres with 16 acres of amenity woodland. Providing a significant and lucrative income.

Polapit Tamar is a most impressive country estate offering a unique opportunity for multiple occupancy or to run a business venture with significant income streams already in place and potential to increase further.

Launceston lies approximately 4 miles to the south and offers a wide variety of domestic, commercial and leisure amenities and access to the A30. There is also a good selection of state and private education, and central to the town, the medieval castle and grounds still remain. Nearby Bodmin Moor and Dartmoor National Park provide excellent opportunities for riding and walking. The North Cornwall and North Devon coastlines are within easy driving distance and provide superb choice for swimming, surfing and walking along the South West Coast Path.

The principal house is approached over a long, impressive drive which sweeps through attractive and extensive parkland. This most impressive grade II listed manor house dates back to 1866 and was later extended in 1901 and is built from local stone featuring dressed granite mullion windows, sash windows, Delabole slate rooves and ornate Copper dome cupolas creating a unique roofline.

In the early 20th century, an extension was added to provide a grand ballroom with additional bedrooms above. The opulent ballroom features oak panelling, polished marble pillars, parquet flooring, ornately marble carved fireplaces with Delft tile surrounds and hand carved wooden inlay of Launceston Castle and the original Tamar house. Its extravagant features include ornate moulded ceiling with decorative cornice, leaded windows and stained-glass windows.

The main house has previously been run as a hotel and in earlier years as a school. The estate was bought in 1966 by its current owners' family and part of the house with the adjoining converted stables and carriage houses which are divided into 21 residential units.

The estates rental portfolio also includes 2 Grade II listed lodges, 5 single storey cottages and a modern 4 bedroom house.

This most impressive estate provides a rare opportunity to acquire an established letting business portfolio with a lucrative income or a stunning family estate.

The Manor House

Polapit Tamar house offers a wealth of opportunities from a grand country residence, a hotel, retreat, golf course with club house hotel or as a care home, the opportunities are endless. The house is currently divided into an extensive 5 bedroom apartment comprising a grand entrance hall with a galleried staircase wooden panel wall, kitchen / living room a double aspect room with fitted kitchen, central island, exposed wooden floor and ornate open fireplace. Drawing room with wooden panelled walls and ornate open fireplace, an adjoining door to the adjoining majestic ball room, open fireplaces to the to either end with delft tiled surrounds and a large ornate conservatory, central raised pond water feature. On the first floor: Large landing, 5 large bedrooms and a family bathroom. The adjoining doors to the remainder of the house are easily re-opened to incorporate more of the house into the main residence. The opulent ball room could provide a lavish setting as a wedding venue and function room with stunning photo opportunities on the lawned terraces at the front of the house. The remainder of this vast house is currently divided in to 13 units (6 x 1 bedroom, 5 x 2 bedroom & 2 x 3 bedroom) which are let on Assured Shorthold Tenancies along with a further 7 units in the former stables and coach house (4 x 1 bedroom, 2 X 2 bedroom & 1 X 4 bedroom), all providing a significant income. Details of the most attractive income for this lucrative property are available on request.

The Stables

The Grade II listed former stables and coach houses are situated in the courtyard on the northwest elevation of the main house. The stables have been converted to provide a well-appointed 4 bedroom unit and the coach houses into 6 units (2 x 2 bedroom & 4 x 1 bedroom) which are let on Assured Shorthold Tenancies.

Polbridge House

Polbridge House is a well presented and privately situated 4 bedroom detached house with annexe potential which was built in 1988. This most appealing house is set in a private, elevated position in lawned and landscaped gardens. The generous and well-presented accommodation benefits from double glazed windows, lpg central heating and briefly comprises: Entrance hall, cloakroom, sitting room, 29' sitting/dining room, conservatory, Kitchen/breakfast room, prep kitchen, utility, study and integral garage. On the first floor: 4 double bedrooms (master en-suite) and a family bathroom.

The South Lodge

The South Lodge is a characterful Grade II listed cottage, built circa mid-19th century and is located on the southern entrance drive to the estate. This attractive and characterful cottage is built of local stone with yellow brick dressings, with a large veranda under a slate roof. The accommodation briefly comprises Kitchen, 2 reception rooms, 2 bedrooms and family bathroom. It is in an attractive setting with a lawned garden to the front and side of the lodge with farmland to the rear.

The North Lodge

The North Lodge is a Grade II listed most appealing character stone and granite house with brick dressings built circa mid-19th Century and extended the late 19th / early 20th century. The lodge is at the northern entrance to the estate and is divided in to a 3 bedroom and a 2 bedroom letting properties. The gardens are mainly lawns with flowerbeds specimen trees and shrubs enclosed within ornate cast iron railings.

Polapit Tamar Farm Cottages

The 5 single storey cottages are located in the centre of the estate, conveniently located without encumbering the manor house. The cottages briefly comprise, two 1 bedroom and three 2 bedroom letting properties.

Letting Property Summary

The Manor House
1 x 5 bedroom main residence
6 x 1 bedroom apartments
5 x 2 bedroom apartments
2 x 3 bedroom apartments
The Stables & Coach Houses
4 x 1 bedroom apartment
2 x 2 bedroom apartments
1 x 4 Bedroom apartment
Polbridge House
1 x 4 bedroom owners residence
Polapit Tamar Farm Cottages
2 x 1 bedroom cottages
3 x 2 bedroom cottages
South Lodge
1 x 2 bedroom lodge
North Lodge
1 x 3 bedroom lodge
1 x 2 bedroom lodge

The Land

The estate extends to 106 acres, with level or gently sloping, productive grass and arable land in 8 conveniently sized enclosures and 16 acres of amenity woodland. The land provides many different areas where it is possible to create a helicopter landing pad.

Basic Payment Scheme

There is a Basic Payment entitlement attributable to the farmland. This will be transferred to the purchaser in accordance with the rpa transfer guidance following completion.

Countryside Stewardship Scheme

The land is currently entered into the entry Level Stewardship scheme, the agreement started n 2019 for a 5 year period..

Buildings 3 Commercial Buildings:

Commercial Building 1 (30.48m x 9.14m (100'0" x 30'0"))

Commercial Building 2 (30.48m x 9.14m (100'0" x 30'0"))

Commercial Building 3 (33.53m x 15.24m (110'0" x 50'0"))

Wind Turbines

There are two wind turbines which are away from view of the manor house and provides income from the feed in tariff. Supplying electricity to the main house, garden flat, Polbridge House and the commercial buildings, with the majority of the power produced feeding into the grid.

Tenure

The property is offered for sale freehold.

Services

Water Private with mains available
Drainage Private
Electricity - Mains
Telephone & Broadband BT Connections
Renewable Energy 2 Wind Turbines

Local Au...

 

Local info for PL15

Floor plan

 

Property Value Data/Graphs for PL15

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Detached house 25.4% £465,565 3.8 2.1
Semi-detached house 15.7% £262,272 3.2 1.6
Flat 10.4% £118,207 1.7 1
Detached bungalow 9.7% £339,450 3.1 1.3
Land 8.2% £207,455 0.2 0.1
Other 7.5% £1,340,285 12 1.1
Cottage 7.5% £329,245 2.6 1.3
End terrace house 5.2% £198,571 2.9 1
Terraced house 3.7% £291,979 3 1.6
Mobile/park home 2.2% £210,833 2 2
Bungalow 1.5% £320,000 3 1
Barn conversion 1.5% £462,500 4 2.5
Semi-detached bungalow 0.7% £215,000 2 1
Farm 0.7% £50,000 0 0

Area Information

Average Price Paid

£247,601

Sales

2023

Current Average Value

£385,779

Value Change

£138,178 55.8%

 

Current Asking Prices in PL15 Average: £385,779

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £178,609 (21) £310,385 (43) £417,715 (31) £664,993 (7)
Flats £98,100 (5) £129,925 (8) £125,000 (1) - -
All £98,100 (5) £162,507 (30) £306,172 (44) £417,715 (31) £664,993 (7)

Nearby Properties

0 bed () Werrington, Launceston PL15 £7,000,000
0 bed Country house () Werrington, Launceston PL15 £4,500,000
4 bed Farm () Whitstone, Holsworthy EX22 £4,300,000
3 bed Country house () Kelly, Lifton PL16 £1,500,000
5 bed () Germansweek, Beaworthy, Devon EX21 £1,450,000
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